Auto 2014 Buying Guide - Capital One

2014

A Road Map to Your Next Car ??

Auto

Buying

Guide

2014

Auto

Buying

Guide

autoloans

Congratulations!

You made the right choice by getting your hands on this 2014

Capital One? Auto Buying Guide. And you just took the first step

toward getting into your next vehicle!

We¡¯re going to help you develop a road map for purchasing your next car by

introducing you to what you need to know before you head to the dealership.

WELCOME

By the time you reach the end of this guide, you¡¯ll be car shopping with confidence,

because you¡¯ll know how to:

? Determine what type of car is right for you.

? Secure your auto financing before you begin to shop.

? Take control of your financing and purchasing choices.

Throughout this guide you¡¯ll find calculators and worksheets that will help you

determine which car is right for you. Fill them out, print them, and take them with you

when you test drive or purchase your vehicle.

E-MAIL

BACK

NEXT

i

PRINT

2014

Auto

Buying

Guide

autoloans

Table of Contents

Your Budget

Monthly Living Expense Worksheet

The 20% Rule

Researching Cars and Costs

Pre-owned Vehicle Research

Pre-owned Car Inspection Checklist

Accessories and Add-ons

Accessories Checklist

Price Comparison Worksheet

Financing Your Car

Your Credit Score

When To Finance

Finance with Capital One?

About Interest Rates

Monthly Car Payment Calculator

Auto Loan Amount Calculator

Making The Deal

Visiting the Dealership

Buying Your Car

Trading Your Car

Selling Your Car

Negotiating Tips

Resources

Summary Worksheet

Online Auto Buying Research

Credit Reporting Bureaus

Auto Buying Glossary

References

Capital One Auto Finance?

E-MAIL

BACK

NEXT

ii

PRINT

2014

Auto

Buying

Guide

autoloans

Your Budget

The first step toward buying a car is finding out how much you can spend. To do that,

enter your monthly income after taxes in the worksheet below and subtract your

monthly expenses. Add additional expenses, if necessary. The remaining balance is an

estimate of what you can put toward your monthly auto payment.

Monthly Living Expense Worksheet

Your Budget

Researching

Cars and Costs

Financing

Your Car

Making

The Deal

Resources

the

Monthly Income & Savings:

$

0.00

-$

0.00

Mortgage/Rent Payment

-$

0.00

Utilities

-$

0.00

Food

-$

0.00

Transportation

-$

0.00

Insurance (Home, Auto, Life)

-$

0.00

Clothing

-$

0.00

Entertainment

-$

0.00

Education

-$

0.00

Credit Card Payments

-$

0.00

Other Creditor Payments

-$

0.00

Other Vehicle Payments

-$

0.00

Miscellaneous

-$

0.00

Monthly Income After Taxes

Savings

Monthly Expenses:

knowledge

Remaining balance

for your auto payment

Your car payment should be

The 20% Rule

no higher than

of your monthly income1.

To estimate your car loan amount and monthly auto payment, use the 20% rule. Your

monthly auto payment shouldn¡¯t exceed 20% of your net monthly income. Simply

multiply your net monthly income by .20 to get your estimated monthly auto payment.

spot

20%

=

$

0.00

=$

Net Monthly Income X 20% (.20)

Calculate

E-MAIL

0.00

Maximum Amount

of Estimated Auto Payment

BACK

NEXT

1

PRINT

2014

Auto

Buying

Guide

autoloans

Researching Cars and Costs

Chances are, your heart was already set on a particular car before you came across this

guide, but is it the best option for your lifestyle and budget? Are you better off with a

new or pre-owned car? Research is the key to finding out.

Pre-owned Vehicle Research

Your Budget

RESEARCHING

CARS AND COSTS

Financing

Your Car

Making

The Deal

Resources

Many pre-owned cars now come with manufacturer-sponsored certification programs

and extended warranties, which make them more reliable than before. It¡¯s still good to

give a pre-owned car a thorough inspection just to find out if any repairs will be in your

near future.

Pre-owned Car Inspection Checklist

Area Inspected

Make, Model, and Year:

Pass/Fail

Exterior

_______________________

Paint and chrome

Odometer Mileage:

Glass and metal surfaces

_______________________

Leaks below engine

Owner/Dealer:

Tires

_______________________

Tread wear

Asking Price:

Spare tire and jack

the

knowledge

spot

85%

Almost

of

auto shoppers would

consider buying a certified

pre-owned vehicle3.

Interior

_______________________

Carpets and upholstery

Address:

Seat controls

_______________________

Dashboard Controls

_______________________

Windshield washer and wipers

Phone:

Air conditioner, heater, & defroster

_______________________

Lights

Dashboard and interior lights

Date:

Headlights, brake, turn signals

_______________________

Start the Engine

Owner¡¯s Manual Included:

Choke

Yes

Engine shaking or stalling

E-MAIL

BACK

NEXT

2

PRINT

No

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download